Dean O'Hare, Retired Chubb Chairman and CEO, Elected to AGL Resources Board of Directors; A Respected Leader in Financial, Economic and International Trade Circles with Strong New Jersey Ties August 2, 2005
UNION, N.J.--(BUSINESS WIRE)--Aug. 2, 2005--Atlanta-based AGL Resources (NYSE:ATG) today announced that Dean R. O'Hare, retired chairman and chief executive officer of The Chubb Corporation, Warren, New Jersey, has been elected to the company's board of directors and will attend his first meeting of the board when it meets this week in New Jersey where AGL subsidiary, Elizabethtown Gas, operates. The board is meeting here to foster a dialogue between AGL board members and New Jersey community and civic leaders.
"We're delighted to have Dean O'Hare -- a respected leader in financial, economic and international trade circles -- join the board," said Paula Rosput Reynolds, chairman, president and chief executive officer of AGL Resources. "Dean will represent his native state with vigor and deepen our capability to operate across diverse geographical locations and in a complex global environment."
An energy services holding company, AGL Resources is widely recognized as an industry leader in implementing operating efficiencies and technological advances to increase productivity, improve customer service and reduce total costs at its utilities stretching from New Jersey to Florida.
O'Hare, of Far Hills, New Jersey, joined Chubb in 1963 as an underwriting trainee and was named an officer of the corporation in 1972, chief financial officer in 1980, president in 1986, and chairman and chief executive officer in 1988 where he served until his retirement in 2002.
He is the chairman of the board of SeaPass and a director of DFA Capital Management and Proudfoot Consulting.
O'Hare is chairman of the Partnership for New Jersey: A coalition of leaders of the state's major corporations in association with nonprofit institutions and smaller businesses committed to act in partnership with government and the independent sector to make New Jersey a better place to live and work.
He has been a director of HJ Heinz Company since 2000. O'Hare has been a director of the Fluor Corporation since 1997 and is presently chairman of the Audit Committee of the board. One of the world's largest publicly owned engineering, procurement, construction, and maintenance services organizations, Fluor's global clients include those in the oil and gas industry.
A leading voice on international trade issues, O'Hare is vice-chairman of the United States Council for International Business and has served as a member of the President's Trade Advisory Committee, chairman of the U.S. Coalition of Service Industries, member and immediate past chairman of the U.S. - India Council, member of the Global Business Dialogue on Electronic Commerce, and a financial governor of the World Economic Forum (Davos).
Active in philanthropic organizations, O'Hare is co-chairman for the Hospital for Special Surgery in New York; a trustee and chairman of the Financial Committee at St. Benedict's Preparatory School in Newark, New Jersey; a trustee of the University of Dublin in Ireland, and a trustee of the Intrepid Museum in New York.
O'Hare received a B.S. in Financial Management from New York University in 1963 and an M.B.A. from the Pace University Graduate School of Business Administration in 1969.
NOTE TO EDITORS: For a color headshot of Dean O'Hare, please contact Nick Gold at 404-584-3457 or ngold@aglresources.com or Martha Monfried at 908-289-5000 x 5521 or mmonfrie@aglresources.com.
About AGL ResourcesAGL Resources (NYSE: ATG), an Atlanta-based energy services holding company, serves 2.3 million customers in six states through its utility subsidiaries - Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and Elkton Gas in Maryland. A Fortune 1000 company that ranks number 46 in the Fortune gas and electric utilities sector, AGL Resources reported 2004 revenue of $1.8 billion and net income of $153 million. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout the East and Midwest. As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. AGL Networks, the company's telecommunications subsidiary, owns and operates fiber optic networks in Atlanta and Phoenix. The company also owns and operates Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit www.aglresources.com.
About Elizabethtown GasElizabethtown Gas, a wholly owned subsidiary of AGL Resources (NYSE: ATG), provides delivery service to more than 265,000 residential, business and industrial natural gas customers in New Jersey. In operation since 1855, the company serves parts of Union, Middlesex, Sussex, Warren, Hunterdon, Morris and Mercer counties. For more information, visit www.elizabethtowngas.com.
CONTACT: AGL Resources
Martha Monfried, 908-289-5000 x 5521
Cellular: 973-885-7508
mmonfrie@aglresources.com
or
Nick Gold, 404-584-3457
Cellular: 404-275-9501
ngold@aglresources.com
SOURCE: AGL Resources